METAL REK SYSTEM
ActiveSummary
METAL REK SYSTEM has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €615,412 and a net result of €132,229. Equity has been stable since 2018 (±1.6% per year). Its solvency ranks better than 44% of 12,777 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 29-02-2000 Normal situation
- Activity
- Retail trade NACE 47525and 6 others
- Establishment unit
- 2.100.707.125 3540 Herk-de-Stad, since 12-04-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Board and ownership
- Metal Rack ManagementDirector · since 02-03-2013 · permanent representative ASNONG Els
- Asnong AntoineDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €396,990
- ▼ 18.6%
- Turnover
- ≈ €2.1m
- estimated
- Profit
- €132,229
- ▼ 47.2%
- Equity
- €615,412
- ▼ 0.4%
- Total assets
- €2.0m
- ▼ 11.9%
- Employees on 31-12-2025
- 3
- =
- 2025 accounts filed 27 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSize: 2.9 FTE, total assets €2.0mFigures for financial year 2025 (filed on 01-09-2026)Liquidity: current ratio 1.31, cash €513,550Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 47% of them on solvency, 61% on liquidity, 66% on profitability and 37% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 47 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved within Herk-de-StadNew seat: Steenweg 59, 3540 Herk-de-Stad · Previous seat: Steenweg 82, 3540 Herk-de-Stad
- · Gazette deed Company renamed to Metal Rack Storage SolutionsAppointment: Metal Rack Management (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as METAL REK SYSTEM: retail trade (NACE 47525). They are comparable in size and age: total assets between €1.5m and €3m, founded between 1986 and 2008.
| Company | Total assets | Gross margin |
|---|---|---|
| METAL REK SYSTEM Herk-de-Stad | €2.0m | €0.4m |
| SERVICE CENTER BRUYNINCKX Zaventem | €2.6m | €0.5m |
| IJZERWAREN NELIS Glabbeek | €1.5m | €0.3m |
| VAN HERCK IJZERWAREN Pelt | €2.8m | €0.3m |
| INDUMA Ieper | €3.0m | €0.5m |
| WIM BAX Arendonk | €1.6m | €0.4m |
| R. DE SMET Halle | €2.0m | €0.3m |
Key facts about METAL REK SYSTEM
- What is the company number of METAL REK SYSTEM?
- The company number of METAL REK SYSTEM is 0471.311.023. The VAT number is the same number with BE in front: BE 0471.311.023.
- Where is METAL REK SYSTEM based?
- The registered office is at Steenweg 59, 3540 Herk-de-Stad.Company details
- What does METAL REK SYSTEM do?
- According to the KBO register, the main activity is retail trade (NACE 47525).
- What is the legal form of METAL REK SYSTEM?
- The legal form of METAL REK SYSTEM is Private limited company (BV).
- When was METAL REK SYSTEM founded?
- METAL REK SYSTEM was founded on 29-02-2000.
- Is METAL REK SYSTEM still active?
- Yes, METAL REK SYSTEM is an active enterprise in the KBO register.
- How many employees does METAL REK SYSTEM have?
- METAL REK SYSTEM had an average of 2.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of METAL REK SYSTEM?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €396,990 and 34 comparable companies (NACE 475). It probably lies between €1.4m and €3.1m.
- Is METAL REK SYSTEM profitable?
- In financial year 2025, METAL REK SYSTEM made a profit of €132,229.
- Where can I find the annual accounts of METAL REK SYSTEM?
- METAL REK SYSTEM filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of METAL REK SYSTEM due?
- METAL REK SYSTEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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